Looking for an investment property that exceeds the 1% rule? $1650 in monthly rental income!?! Recently updated 2 bedroom, 1 bath front house with central heat & air! Front house is leased for $1100 until Dec 2024.There is also a back house efficiency or mother in law suite currently leased for $550 until Dec 2024. Property can be sold with other properties (4907 38th St, 2304 31st St, 2511 40th St, 2018 39th St, and more upon request) as a package deal.
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2511 40th St, Lubbock, TX 79413
2beds
860sqft
Single Family Residence, Residential
Built in 1951
7,405.2 Square Feet Lot
$97,100 Zestimate®
$--/sqft
$976 Estimated rent
Home value
$97,100
$87,000 - $106,000
$976/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Keta West Everett TREC #0685647 806-549-7915,
West Real Estate Group PLLC
Bought with:
Jeremias Torres, TREC #0668726
Lubbock Discount Realty
Source: LBMLS,MLS#: 202402971
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central, Natural Gas
Cooling
- Central Air, Electric
Features
- Ceiling Fan(s)
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 860
- Total interior livable area: 860 sqft
- Finished area above ground: 860
Property
Parking
- Parking features: Off Street
Features
- Patio & porch: Patio
- Fencing: Fenced
Lot
- Size: 7,405 sqft
Details
- Parcel number: R78786
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Stucco, Wood Siding
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- New construction: No
- Year built: 1951
Community & neighborhood
Location
- Region: Lubbock
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/16/2026 | Listing removed | $1,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/26/2026 | Listed for rent | $1,000+14.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/10/2024 | Sold | -- |
Source:  LBMLS #202402971 Report a problem | ||
| 3/13/2024 | Pending sale | $99,000$115/sqft |
Source: LBMLS #202402971 Report a problem | ||
| 3/11/2024 | Listed for sale | $99,000$115/sqft |
Source: LBMLS #202402971 Report a problem | ||
| 3/4/2024 | Pending sale | $99,000$115/sqft |
Source: LBMLS #202402971 Report a problem | ||
| 2/29/2024 | Listed for sale | $99,000-23.8%$115/sqft |
Source: LBMLS #202402971 Report a problem | ||
| 2/24/2024 | Listing removed | -- |
Source: LBMLS #202312533 Report a problem | ||
| 1/3/2024 | Pending sale | $130,000$151/sqft |
Source: LBMLS #202312533 Report a problem | ||
| 12/13/2023 | Price change | $130,000-10.3%$151/sqft |
Source: LBMLS #202312533 Report a problem | ||
| 11/22/2023 | Price change | $145,000-9.4%$169/sqft |
Source: LBMLS #202312533 Report a problem | ||
| 9/7/2023 | Price change | $160,000-3%$186/sqft |
Source: LBMLS #202312533 Report a problem | ||
| 8/22/2023 | Listed for sale | $165,000+17.9%$192/sqft |
Source: LBMLS #202312533 Report a problem | ||
| 7/5/2023 | Listing removed | -- |
Source: LBMLS #202302565 Report a problem | ||
| 2/23/2023 | Listed for sale | $140,000+76.1%$163/sqft |
Source: LBMLS #202302565 Report a problem | ||
| 3/30/2020 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 2/20/2020 | Listed for sale | $79,500+13.9%$92/sqft |
Source: Coldwell Banker Trusted Advisors #202001531 Report a problem | ||
| 2/20/2020 | Listing removed | $870$1/sqft |
Source: Coldwell Banker Residential Property Management Report a problem | ||
| 2/3/2020 | Listed for rent | $870+16%$1/sqft |
Source: Coldwell Banker Residential Property Management Report a problem | ||
| 4/17/2018 | Listing removed | $750$1/sqft |
Source: Coldwell Banker Residential Property Management Report a problem | ||
| 3/27/2018 | Listed for rent | $750$1/sqft |
Source: Coldwell Banker Residential Property Management Report a problem | ||
| 3/1/2017 | Listing removed | $750$1/sqft |
Source: Coldwell Banker Residential Property Management Report a problem | ||
| 1/27/2017 | Listed for rent | $750$1/sqft |
Source: Coldwell Banker Residential Property Management Report a problem | ||
| 8/27/2010 | Listing removed | $69,800$81/sqft |
Source: Systems Engineering, Inc. #9972943 Report a problem | ||
| 7/12/2010 | Price change | $69,800-0.1%$81/sqft |
Source: Systems Engineering, Inc. #9972943 Report a problem | ||
| 5/9/2010 | Listed for sale | $69,900$81/sqft |
Source: Systems Engineering, Inc. #9972943 Report a problem | ||
| 4/13/2009 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,652 -7.4% | $93,385 -5% |
| 2024 | $1,785 -6.1% | $98,300 -3.8% |
| 2023 | $1,900 +11.1% | $102,233 +21% |
| 2022 | $1,711 +20.3% | $84,515 +26.4% |
| 2021 | $1,423 | $66,883 +3.7% |
| 2020 | -- | $64,496 +1.2% |
| 2019 | $1,366 +13.3% | $63,736 +16.4% |
| 2018 | $1,206 | $54,768 +2.1% |
| 2017 | $1,206 +6% | $53,636 0% |
| 2016 | $1,137 | $53,640 +4.9% |
| 2014 | $1,137 | $51,149 |
| 2013 | -- | $51,149 |
| 2012 | -- | $51,149 |
| 2011 | -- | $51,149 |
| 2010 | -- | $51,149 |
| 2009 | -- | $51,149 +5.7% |
| 2008 | -- | $48,371 -11% |
| 2007 | -- | $54,327 +11.6% |
| 2006 | -- | $48,688 -2.8% |
| 2005 | -- | $50,098 +4.1% |
| 2004 | -- | $48,123 +25.3% |
| 2003 | -- | $38,416 +1.9% |
| 2002 | $935 +76.1% | $37,718 +20.9% |
| 2001 | $531 +8.2% | $31,191 |
| 2000 | $491 | $31,191 |
Find assessor info on the county website
Neighborhood: Wheelock & Monterey
Nearby schools
GreatSchools rating
- 4/10Wheelock Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 3/10Atkins Middle SchoolGrades: 6-8Distance: 1.1 mi
- 5/10Monterey High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Wheelock
- Middle: Hutchinson
- High: Monterey
Source: LBMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$97,100
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$99,042
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